RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K/A, 1997-05-28
ASSET-BACKED SECURITIES
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                                       -1-

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 8-K/A

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date of Report:  May 27, 1997
(Date of earliest event reported)



                 Residential Funding Mortgage Securities I, Inc.
             (Exact name of registrant as specified in its charter)


Delaware                          333-4846                 75-2006294
(State or Other Juris-           (Commission           (I.R.S. Employer
diction of Incorporation)       File Number)        Identification No.)


       8400 Normandale Lake Blvd., Suite 600, Minneapolis, Minnesota 55437
               (Address of Principal Executive Office) (Zip Code)


        Registrant's telephone number, including area code:(612) 832-7000






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                                                      -2-

Item 5.  Other Events.

                  On May 29, 1997,  the  Registrant  will cause the issuance and
         sale of approximately $329,713,287 initial principal amount of Mortgage
         Pass-Through Certificates,  Series 1997-S6, Class A-1, Class A-2, Class
         A-3,  Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9,
         Class A-10,  Class R, Class M-1, Class M-2, Class M-3, Class B-1, Class
         B-2 and  Class  B-3 (the  "Certificates")  pursuant  to a  Pooling  and
         Servicing  Agreement  to  be  dated  as  of  May  1,  1997,  among  the
         Registrant,  Residential Funding Corporation,  as Master Servicer,  and
         Bankers Trust Company, as Trustee.

                  In connection with the sale of the Series 1997-S6,  Class A-1,
         Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class
         A-8, and Class R  Certificates,  other than a de minimis portion of the
         Class  R  Certificate  (the  "Deutsche  Morgan  Grenfell   Underwritten
         Certificates")  to Deutsche  Morgan  Grenfell  Inc.  ("Deutsche  Morgan
         Grenfell") the Registrant has been advised by the Underwriter  that the
         Underwriter has furnished to prospective investors certain yield tables
         and other computational materials (the "Computational  Materials") with
         respect to the Underwritten  Certificates  following the effective date
         of Registration Statement No. 333-4846,  which Computational  Materials
         are being filed manually as exhibits to this report.

                  The   Computational   Materials  have  been  provided  by  the
         Underwriter.   The  information  in  the  Computational   Materials  is
         preliminary and may be superseded by the Prospectus Supplement relating
         to the Certificates  and by any other  information  subsequently  filed
         with the Securities and Exchange Commission.

                  The Computational Materials consist of the first 99 pages (the
         "Computational  Materials")  that appear  after the Form SE cover sheet
         and  the  page  headed  "NOTICE".   The  Underwriter  has  advised  the
         Registrant that certain information in the Computational  Materials may
         have been  based on  assumptions  that  differed  from the  final  pool
         information.

                  The  Computational  Materials were prepared by the Underwriter
         at the request of certain prospective  investors,  based on assumptions
         provided  by,  and  satisfying  the  special   requirements   of,  such
         prospective  investors.  The  Computational  Materials  may be based on
         assumptions   that  differ  from  the  assumptions  set  forth  in  the
         Prospectus Supplement. The Computational Materials may not include, and
         do  not  purport  to   include,   information   based  on   assumptions
         representing  a complete set of possible  scenarios.  Accordingly,  the
         Computational  Materials  may not be  relevant  to or  appropriate  for
         investors other than those specifically requesting them.

In   addition, the actual characteristics and performance of the mortgage loans
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                                                      -3-

         underlying the  Underwritten  Certificates  (the "Mortgage  Loans") may
         differ from the assumptions used in the Computational Materials,  which
         are hypothetical in nature and which were provided to certain investors
         only to give a general sense of how the yield,  average life, duration,
         expected   maturity,   interest   rate   sensitivity   and  cash   flow
         characteristics  of a  particular  class of  Underwritten  Certificates
         might vary under varying prepayment and other scenarios. Any difference
         between such assumptions and the actual characteristics and performance
         of the  Mortgage  Loans will  affect the actual  yield,  average  life,
         duration,  expected  maturity,  interest rate sensitivity and cash flow
         characteristics of a particular class of Underwritten Certificates.


Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits


         (a)      Financial Statements.

                  Not applicable.

         (b)      Pro Forma Financial Information.

                  Not applicable.

         (c)      Exhibits



                 Item 601(a) of
                 Regulation S-K          Description
  1                99                 Computational Materials



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                                                      -4-

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this  report  to be  signed  on behalf of the
Registrant by the undersigned thereunto duly authorized.


                                             RESIDENTIAL FUNDING MORTGAGE
                                             SECURITIES I, INC.

                                             By:  /s/Diane S. Wold
                                             Name:     Diane S. Wold
                                             Title:    Vice President




Dated: May 27, 1997

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                                                      -5-

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this  report  to be  signed  on behalf of the
Registrant by the undersigned thereunto duly authorized.


                                              RESIDENTIAL FUNDING MORTGAGE
                                              SECURITIES I, INC.

                                              By:           /s/ Diane S. Wold
                                              Name:             Diane S. Wold
                                              Title:            Vice President




Dated: May 27, 1997

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                                                      -6-

                                  EXHIBIT INDEX


                   Item 601 (a) of   Sequentially
 Exhibit           Regulation S-K    Numbered
 Number             Exhibit No.     Description           Page

 1                  99          Computational Materials    Filed
                                                           Manually

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                                                      -7-
                                     EXHIBIT



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